Mortgage Rates Today: Chase Bank Ending Week with Strong Purchase Refinance Deals
Chase Bank (NYSE:JPM) has been one of the frontrunners all week when it comes to the matter of offering the very best mortgage deals across the board, with Friday looking to be no exception. In the case of both home purchase and refinance options, today once again sees Chase well and truly at the top of their game.
For those looking into the options available for home purchase, Chase are offering the 30 year fixed term mortgage package for 4.125% and an APR amounting to 4.209%, while the popular 15 year alternative can be taken out for 3.375% and an APR of 3.483%.
The 7/1 ARM for purchase is today advertised with a starting rate of 3.000% and APR of 3.157%, while the 5/1 ARM can be taken out beginning at 2.500% and an APR figure of 3.021%.
In the case of refinance deals this Friday at Chase, standard 30 year fixed term package are offering excellent value at 4.375% and an APR of 4.449%, while the shorter 15 year term could save borrowers even more at 3.500% and an APR sum amounting to 3.664%.
Those who prefer adjustable terms will find the valuable 7/1 ARM beginning with a rate of 3.125% and an APR of 3.224%, while the 5/1 can be taken with an opening rate of 2.625% and APR amounting to 3.064%.
Whether or not significant numbers of American borrowers choose to make use of todays’s deals remains to be seen, but as even the record lows of recent weeks have done nothing to tempt citizens off the fence, it seems unlikely that today will prove vastly different.
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